Pleasant Hills Road

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Pleasant Hills Road

Gattman, MS 15090-1003
Asking Price
$90K
Asset Type
Land
Class
Class B

What's Special

Located on Pleasant Hills Road in Gattman, Mississippi, this undeveloped land parcel is situated within a rural, low-density environment near the Mississippi-Alabama state line. The surrounding neighborhood is characterized by a mix of timberland, agricultural tracts, and sporadic residential properties. The site is positioned north of Highway 278, providing a direct vehicular link to nearby regional hubs like Amory, Mississippi, and Sulligent, Alabama. Local amenities are concentrated in these neighboring towns, which offer essential services, retail options, and hardware suppliers. The property is suited for agricultural production, timber management, or recreational use. Its layout and rural setting make it a candidate for a private estate or a long-term land-hold investment. Typical occupants or buyers include local agricultural operators seeking to expand acreage, outdoor enthusiasts looking for private hunting or conservation land, and individuals interested in rural residential development. The lack of existing structures provides a flexible footprint for site-specific customization according to local zoning and land-use regulations.

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NOI
$80,000
Cap Rate
88.99%
DSCR
14.99
Strong
Cash-on-Cash
276.84%
Monthly Payment
$444.776
Annual Cash Flow
$74,662.686

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